The global smart buildings (nonresidential buildings) market is expected grow from $36.42 billion in 2020 to $42.08 billion in 2021 at a compound annual growth rate (CAGR) of 15.5%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $59.3 billion in 2025 at a CAGR of 9%.
Request For The Sample Of The Smart Buildings (Nonresidential Buildings) Market Here:
The smart buildings (nonresidential buildings) market consists of sales of smart buildings (nonresidential buildings) and related services. Smart buildings have automated processes and increase operational efficiency of a non-residential, commercial as well as industrial buildings. The smart building (nonresidential buildings) involves the use of sensors, actuators, microchips to automatically control the processes of the building such as heating, ventilation, air conditioning, lighting, security and other systems.
Place A Direct Purchase Order Of The Smart Buildings (Nonresidential Buildings) Report Here:
The smart buildings (nonresidential buildings) market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the smart buildings (nonresidential buildings) market are PCl Construction, Skanska, Arabian Construction Company, Besix, Spire Realty Group, Lendlease, Vinci, Bechtel, Balfourbeatty, Bouygues, The Royal BAM Group, Laing O’Rourke, China State Construction Engineering, L&T Construction, Turner Construction Company, Grupoacs, Hochtief, Bouygues Construction.
The global smart buildings (nonresidential buildings) market is segmented –
1) By Automation Type: Intelligent Security System, Building Energy Management System, Infrastructure Management System, Network Management System
2) By Application: Government, Airports, Hospitals, Institutes Manufacturing & Industrial Facilities, Others
3) By Product Type: Institutional Buildings, Commercial Buildings
Read More On The Global Smart Buildings (Nonresidential Buildings) Market Report:
The smart buildings (nonresidential buildings) market report describes and explains the global smart buildings (nonresidential buildings) market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The smart buildings (nonresidential buildings) report evaluates the market across each region and for the major economies within each region.
The countries covered in the global smart buildings (nonresidential buildings) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global smart buildings (nonresidential buildings) market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Smart Buildings (Nonresidential Buildings) Market Characteristics
- Smart Buildings (Nonresidential Buildings) Market Product Analysis
- Smart Buildings (Nonresidential Buildings) Market Supply Chain
- Key Mergers And Acquisitions In The Smart Buildings (Nonresidential Buildings) Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
The World’s Most Comprehensive Database
The Business Research Company’s flagship product, Global Market Model is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Blog: http://blog.tbrc.info/
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model